Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as an opportunity for the unbanked.
by
tabas
on 06/07/2023, 14:57:18 UTC
In the world today, many people prefer to keep their money in their house save because of the perceived fraud by our traditional banking system that has decided to rip the populace off their hard-earned money without remorse, through different unexplainable charges, this has changed the mindset of the un-banked because of the complaints coming from the individuals involved in that process, this individual, both the ones that are already banked and the unbanked are looking for alternative other alternative means that they will use to safeguard their wealth.
So true, those that are aware of the global news and events. This is one to be worried about. Like those people in Lebanon that they're not even allowed to withdraw their money on the banks there as per the instruction on them because they might be out of money too soon. While looking at the situation of the people there because I've just watched a video of someone who forcefully took her money from the bank where it is deposited, she had to scare them out.

Financial institutions put up these outrageous charges and unacceptable taxing methods and lend individual money to other people without their consent and unknowingly to them, in return give them interest below what is expected yearly, taking back the interest through taxation and so making their money always depreciate in their bank account.
Well, this is the business model of the banks. That's like their bloodline and how they're able to survive with this business. Once you have deposited your money on them, that's already the consent from the depositors.

I want to categorically tell this set of people that Bitcoin is the way forward for you, bitcoin works for everyone, and the system was designed in a way that every interested person can participate.
Bitcoin allows you to be your bank and be in charge of your money with no interference from anyone. Participation is dependent on your interest, not your identity, that's to say that everyone can be involved without their identity known. Note that blockchain technology guarantees your Bitcoin security, so don't be afraid just give it a trial but with a little money I believe you won't regret it.
All that you've said are true. But we can't force people to like Bitcoin, they'll voluntary like it soon when they see the value of it goes up again and once we're back in the bull run. With all of those technicalities and everything, they wouldn't mind about it but only about its worth and value.